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1. • • Canadian cultivated farmland values rose by an average of 5.5% in the first half of 2024 (Table 1). Over the year from July 2023 to June 2024, there was a 9.6% increase, representing a slowdown compared to the previous year, likely the result of lower commodity prices and elevated borrowing costs.
     www.fcc-fac.ca/en/knowledge/economics/2024-farmland-values-mid-year-update

     2024 mid-year farmland values increase despite lower revenues ...

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   How much did Canadian farmland values rise in 2024?

   • For more information or interviews, please contact: Canadian cultivated farmland values rose by an average of 5.5 per cent in the first half of 2024, according to the mid-year farmland values review by FCC.

   Canadian farmland values rise 5.5% in first half of 2024: FCC report

   www.fcc-fac.ca/en/about-fcc/media-centre/news-releases/2024/canadian-farmland-values-rise-first-half-2024

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   Why are farmland values increasing in Ontario?

   • Overall, farmland values in Ontario are stable with minor changes across most areas, leading to a provincial average growth of 2.1% at mid-year. This economic pressure of higher interest rates and lower commodity prices has resulted in a much less pronounced increase in Quebec’s land values compared to recent years.

   2024 mid-year farmland values increase despite lower revenues and

   www.fcc-fac.ca/en/knowledge/economics/2024-farmland-values-mid-year-update

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   Which province has the highest average farmland value in Canada?

   • That province saw an average decline of 3.1 per cent, but it still has the highest average farmland values in the country. The highest increases were in Saskatchewan, Quebec, Manitoba and Ontario. This report by The Canadian Press was first published March 12, 2024. The Shopping Trends team is independent of the journalists at CTV News.

   Value of Canadian farmland rises 11.5% in 2023: report - CTV News

   www.ctvnews.ca/business/value-of-canadian-farmland-rises-11-5-in-2023-report-1.6804486

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   Is farmland worth more?

   • Farmland is worth more, but the rate at which land values increased slowed in the first half of this year. According to the mid-year farm values review by Farm Credit Canada (FCC), farmland values were up by an average of 5.5 percent from January to June 2024. The average from July 2023 to June 2024 was higher at 9.6 percent.

   Mid-year review shows farmland values increasing at a slower rate

   winnipeg.ctvnews.ca/mid-year-review-shows-farmland-values-increasing-at-a-slower-rate-1.7066680

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   Are farmland values rising?

   • "Farmland values increased at a slower rate, yet 5.5 per cent growth in six months is still a very strong number," said J.P. Gervais, who is FCC's chief economist, in a press release. For two years now, Saskatchewan and Quebec had the highest average six-month increase in farmland values. Saskatchewan’s was 7.4 percent and Quebec’s was 5.4 percent.

   Mid-year review shows farmland values increasing at a slower rate

   winnipeg.ctvnews.ca/mid-year-review-shows-farmland-values-increasing-at-a-slower-rate-1.7066680

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   Why did cultivated farmland prices rise in 2024?

   • Canadian cultivated farmland values rose by an average of 5.5% in the first half of 2024 (Table 1). Over the year from July 2023 to June 2024, there was a 9.6% increase, representing a slowdown compared to the previous year, likely the result of lower commodity prices and elevated borrowing costs.

   2024 mid-year farmland values increase despite lower revenues and

   www.fcc-fac.ca/en/knowledge/economics/2024-farmland-values-mid-year-update

   See all results for this question

3. www.fcc-fac.ca › en › knowledge2024 mid-year farmland values increase despite lower revenues ...

   www.fcc-fac.ca › en › knowledge

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   Oct 2, 2024 · Canadian cultivated farmland values rose by an average of 5.5% in the first half of 2024 (Table 1). Over the year from July 2023 to June 2024, there was a 9.6% increase, representing a slowdown compared to the previous year, likely the result of lower commodity prices and elevated borrowing costs.

   • Farmland Values Report

     The average value of cultivated Canadian farmland increased...

4. www.fcc-fac.ca › en › about-fccCanadian farmland values rise 5.5% in first half of 2024: FCC ...

   www.fcc-fac.ca › en › about-fcc

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   Oct 8, 2024 · Canadian cultivated farmland values rose by an average of 5.5 per cent in the first half of 2024, according to the mid-year farmland values review by Farm Credit Canada (FCC).

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     FCC report shows Saskatchewan farmland increasing in value

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6. www.fcc-fac.ca › economics › farmland-values-reportFarmland Values Report | FCC - FCC-FAC

   www.fcc-fac.ca › economics › farmland-values-report

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   The average value of cultivated Canadian farmland increased by 11.5% in 2023. This is slightly less than the 12.8% increase recorded in 2022 but ahead of the 8.3% increase in 2021. This year’s increase is the second highest FCC has reported since 2014.

7. www.realagriculture.com › 2024 › 10Farmland value growth stronger than anticipated at mid-way ...

   www.realagriculture.com › 2024 › 10

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   Oct 6, 2024 · Farm Credit Canada has published its farmland value report for the mid-way mark of 2024, with Saskatchewan leading the way with growth of 7.4%. The overall Canadian average for January to June 2024 sits at 5.4%, despite a challenging financial climate of elevated interest rates and lower commodity prices.

8. winnipeg.ctvnews.ca › mid-year-review-showsCanadian farmland values up, but not as much as last year ...

   winnipeg.ctvnews.ca › mid-year-review-shows

   Oct 8, 2024 · For two years now, Saskatchewan and Quebec had the highest average six-month increase in farmland values. Saskatchewan’s was 7.4 percent and Quebec’s was 5.4 percent. Manitoba’s was 3.9 percent.

9. www.ctvnews.ca › business › value-of-canadianValue of Canadian farmland rises 11.5% in 2023: report - CTV News

   www.ctvnews.ca › business › value-of-canadian

   Mar 12, 2024 · Farm Credit Canada says the value of Canadian farmland rose 11.5 per cent in 2023. FCC chief economist J.P. Gervais says while that's a slight slowdown from the growth in 2022, it's still a...

10. www.realagriculture.com › 2024 › 03On average, Canadian farmland values increased over 11% in ...

    www.realagriculture.com › 2024 › 03

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    Mar 12, 2024 · Canadian farmland values increased at a lower rate in 2023 compared to 2022, but still posted a double-digit average increase at 11.5 per cent. The national average was 12.8 per cent in 2022, according to the FCC Farmland Values Report.